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Helical profit falls as "not immune" to shaky London office market

Helical PLC on Tuesday said its annual profit and revenue declined amid tough conditions in the London office market.

The London-focused property investor and developer reported revenue for the year. | May 23, 2023 ....

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Interest rate hikes trigger 10% writedown of Helical's London office portfolio

But CEO Gerald Kaye pointed out that still meant the company outperformed the average for the Central London market ....

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Peel Hunt Reiterates "Buy" Rating for Helical (LON:HLCL)

Peel Hunt reissued their buy rating on shares of Helical (LON:HLCL – Get Rating) in a report issued on Thursday, Marketbeat reports. Peel Hunt currently has a GBX 450 ($5.59) target price on the stock. Separately, Berenberg Bank lowered their price target on Helical from GBX 375 ($4.66) to GBX 350 ($4.35) and set a […] ....

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Helical rent collection rises as further lettings completed

Helical PLC on Thursday said it has completed five new lettings totalling 45,908 square feet, worth contracted rent of GBP4.1 million from October 1 to April 5.

The London-focused property investor. | April 6, 2023 ....

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Helical warns of shortage of top quality London office space until 2030

Property company Helical today warned that the chronic shortage of high quality new or refurbished office space in central London will last “for the rest of this decade.” ....

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